Doesn't look great.In the absence of any news I would assume that no deals of importance have been made.The Russian deal according to management was suppose to happen in May so I guess that's dead.Nothing on any big dairy deals in U.S. Big question is how good the profit margins were in 1st qtr with an increase of 45% in revenues.Also how revs look going forward -Will they realize revs of 100 mil in '08? Looks like the're waiting as long as they can to report 1st qtr.That could be for one of two reasons -they don't have much to report or the're working on a deal and hoping it materializes before they report.Haven't heard from WFF in ages -wonder if he's still a fan!
This stock is a POS. I held it for 3 years and it traded between about 3 and 9. Kept thinking there was going to be this huge breakout. I sold it about 18 months ago and I see it still languishes in the same area. You'd think this was a blue chip stock with a 20 year history of trading in the same ranges. I don't understand it but this stock is rangebound between 6 and 9 for the most part. IF you are looking for a short term move, wait until it gets to 4 and buy and then sell at 6 or 7. Don't get me wrong this is good money to be made. However if you are looking for a long term investment with 10 bagger potential this one looks like it could be one. BIT IT IS NOT!